📊 Weekly Analysis for GBP/NZD
🔍 Technical Outlook by Shaker Trading
✅ Bullish Structure in Play:
Breakout from Downward Channel (Weekly):
The pair has successfully broken out of a long-term descending channel, signaling a shift in market structure.
New Ascending Channel Formed (Weekly):
GBP/NZD is now trading within a rising price channel, confirming a strong bullish trend on the higher time frame.
Strong Bullish Trendline Support:
Price respects a clear ascending trendline, acting as dynamic support.
📌 Trading Outlook:
We expect a temporary correction toward the demand zones highlighted on the chart, followed by a continuation to the upside.
The bullish momentum is likely to remain in play unless major support levels are broken.
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🔍 Technical Outlook by Shaker Trading
✅ Bullish Structure in Play:
Breakout from Downward Channel (Weekly):
The pair has successfully broken out of a long-term descending channel, signaling a shift in market structure.
New Ascending Channel Formed (Weekly):
GBP/NZD is now trading within a rising price channel, confirming a strong bullish trend on the higher time frame.
Strong Bullish Trendline Support:
Price respects a clear ascending trendline, acting as dynamic support.
📌 Trading Outlook:
We expect a temporary correction toward the demand zones highlighted on the chart, followed by a continuation to the upside.
The bullish momentum is likely to remain in play unless major support levels are broken.
🔥 Copy Trading for Free
Let your capital work for you! Follow our top-performing strategies with zero fees or subscriptions.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.